The URL can be used to link to this page

Home My WebLink About2485 ~ f. ~ i~ s S, ¦ ~ ~ f 1 ~ \ a. S. To ptaa ~nd continuowy lufp on tlw bui?dinps now a Mreiha ?ituit~ on iaid land ~nd on sll equipnknt aed p~noo~lly oov~r~d by Mis n~o?t9. ~ p~, witA all p~miums thKwn p~id in full. (in Intuwnc~ in ths uswl slandard poli~y form, in a sum ~pprowd by tM MORTGAGEE, ~~d wind~torm tnwnnu 1n tM uswl st~.~d..d policy fam„ in a wm approv~d by tM NWRT(iNGEE, in wch company or tompanies a tM MORTGAGEE nwy dkKlt ~nd +ll fln ~nd w~nds?onn intyranc~ policiss on any of seid buildinps, any inte~~a therein or p~rt 1Mr~of, in 1he ap9rsy+~~ wm aiotKaW a In ~xcea thenof, sh~ll contain th~ vswl st~ndud maro+qe~ clauk or such othK tla~s~ aa IM Mat~a9~e msy req~'u~. rtNkiep th~ loss u~. s~id po1F cia. ~+ch and evKy. psYabM ~o faid MORTGAGEE a in in~erest m~y app~ar, and each and ~vay s~ch policy aMll b~ promptly ass:9ntd ~nd delivered to +ny h~ld by said MORiGAGEE ss (urthsr secvrity to said morty~~ debt. and, not ku than ten (10) days In sdvance of th~ expiraf'an of ~ach policy, fo dr liw? to ~aid N1pRTGAGEE a renewal thereof, to~tthe~ with s receipt ta the premium of such renewal; sr~d ther~ shall be no f'u~ a windstwm inwra~ct plaad on ~ny of said buildinas, any interesl therein w part thereoi, unless io th~ fwm and ~iith the loss payabb a afore~idt u~d in th~ ~venl ~ny wm of m~xay becoma payabl~ w+d~r wch policy or policies said MORTGAGEE shall h~w ths optio~ to receive and apply tM sart?~ o~ accovnt af the incl~bted- Mss ilcv~d ANeby ot 1o peta+it s~id AApRTGAGORS ro reteive and w~ h a any part thereof fw othe~ ptr.poses, withoul thereb/ waivi~y or impair- inp ~r?Y puiry. IiNS w ~iqht v~dsr or by vinue of thu mortqa~a; ~nd in tM ~vent Nid MORTGAGORS shall for ~ny reason fail fo kaep the aid pnenisea so k~w~~d. a fall W dalive? p~omptly any of said poticies of inswance to uid MORTGAGEf, or fait promptly to piy futly iny prsmium therefor p k? ~ny rasp~cf f~il to q?foreq, discharfle, ~xecut~, affect. complete. complY with and sbide by this covenant, a ~ny part he~sof. saW MOR?GAGEE may pl~ and WY for such tnwr+nc~ or ~ny put thercof without waivinp a affectinp anY option, lien. equ~ty. or ri9h~ v~der or by virh~e of ~his Mwr~aps, and ~he futt anwu~t of esch an6 :+ary~iuch payrr~ant shall be immedNtely dw ~nd payable and shall bear interest from ths d~t~ thueof w?til paid at tM rate ot nine pK pntum p~t annum a~d together with such interest shall be secured by 1hs lien of this mortgage. 4. To p~rmit, commit or wffat no w+ste, impairmeM or deteriwatio~ of said property or any part thereof. 5. To pay all ~nd atnautr tM cos», ch~rges and expenyes, includ;ny a reason~bk atta~ey's fee a~d wsts of ~bstracls of tltle, iecwred or paid ~t eny time by said MpRTGAGEF, becavss d in the ewnt of the failure oe~ the paA of the said MORTGAGOR to dvly, promptly, ~nd fully pesfwm, d~scharq~; ~xecut~, ~ffec1. oompkte, comply with and abide by each snd every the stipulat~ons, agreements, conditians, and oovenants of s~id promissory ~?ote and thw mortp~ any w either, a~d said cos», chsrpes and expenses, each and every, shall be tmmed'eatcly dve and payabk; whe~her or not there be notice de~ mand, attempt ro colkct or suit pending; and the full amouM of each and eve?y such paymcnt shall bear interest from the date thereof until p~id ~t 1he rate of nins per ceetum per an,wm; and all said cosn, charges and expe~ses incvrred or paid, logether with suth interasf, :ha11 be secu~ed by rh. lise of r!w +"wt~~ya b. 1}wt W in the event of any brcach of this Mortgage w defavlt on the part of the MORTGAGOR, or (b) i~ the evenf ~ny of said wms of money herein refened to be rat promptly snd fully paid within thirty (30) days r?ext afte? the same severally become due and p~yable, wilhout dem~r~d a natioe. or (cj in fhe ewnt each and every the stipulations, sg~eamenri, cond;~ions and coveMnts of sa~d promisw~y nme and this mortga~e any or either ,~ro nol iuly. p?ompNY and fully performed, d~xharged, execvted, effected, compteted. canplied w~th ar?d abided by. then in either or any wch event the faid a~ greyste wm mentioned in said premiswry nete ~hen remaining ~npaid, with interest acuued. and all moneys setured hereby, shall beaort~s dut and pay- able forthwith, Of 1FIOfNfIN~ at the option of said MORiGAGEE, u fully and completely as if all of the wid wms of money were oriyinally st~putated to be paid on wch day, a~ything in said promissory note or in this Mortgage to the tontrary notwiths~anding; and thbreupon w thereafte~ at ~M option of said MORiCaAGFf, without notice a deroand, wit st law or in equiy, therefore or thereafter begun, may be prosecvted as if ali moneys securad heteby had mafured pior to its iostiwtion. 7. That in the ever~t that at the beginning of w at any time pend~ng any wit upon tha Mortgagc, or to foreclose it, w to rofomi it; or to enforos ` p~yment of a~y dsims herevnde` sa;d MpRTGAGEE shall apply to the Coun Asviny jurisdiciron thereof fw t!~ appointmenYof a Reuive?, such Coun sl+~Il fwthwith ~ppoiM a receiver of said mortgaged property all and singular, includmg all and singular the income, profiri, issues and revenues from wMtever souroe derived, each and every of whKh, it being expressty understoa), is hereby mwrgaged as if specificalty set fdi?h and desvibed k~ the p?antiny and ~ I habendum cla~ses hereof, +~nd s~ch Receiver shall have a~l the broad and effective funct~ons and powers in a~ywise eatruited br a Court to a Receivs~, end ! such appointmeot shall be msde by such Court u an admetted equiry and a matta of absolute rigM ro said N~ORTGAGEE, and without ?eferonte to the nsdequacy of the valve of the adeq~acy or i property morfgaged or to the solvency or insolvency of said MORTGAGOR w the defenda~ts, and that auch ~ r~~• profits, income, issues a~d revenues shall be applied by svcl+ Receiver acco?ding fo the tier? a eqviry of wid N10RTGAGEE and the practice of such ~ 8. To duty, promptty and (vlly pcrfwm, discharge, execute, effect, completr, comply with and bbitde by eath snd every the stipulations, agreemefiri, i conditq~s ~nd covenanq in said promiuory note and this mortgage set fw~h. i 9. That in the event the ownership of the mort9aged premises, or any psrt tFxveof. becomes vested in s penon other thsn the MORTGAGpR, ths MORTGA('aEE, iri succeuors and auigns, msy, without norice to the MORT6AOR, deat with such uxcessw p wtcessor ;n intHest with reference to this ~ n+wtg+ge and the debt hereby secured in the ssme manner as with Mo~tgagor without it~ a~y way vitiating pr dischargiog the Mortgagon' li~bility here- under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance o~ the part oi the MORTGAGEE w iti suaesson ~ or assigro and no extension of the time for tl~e payment of the debt hereby secured given by the MORTGAGEf or its successas w aui~ra, shall opente to rekase, discharye, modify thange or affect the aiginal liability of the MORiGAGOR herein, either in whok or in part. ~ 10. It is specificaily agreed that t'wne is of the essence of this c«~tract arsd timf no waiver of ~any obligatiqn 1~e~nder or of tFwe oblipstion se- cv~ed hsreby shall at any time thereafter be held to be a waive~ of the terms hereof or of the instrument secured herby. Jdit;on to the for o' month Ms of ' _ ~9 .ng ty payme princ'pal and interest required by the p?omiu`ary note secvred hereby, mortgagor covye r~fs i and agrees to pay agee with each monthly payment an add~rional wm estima~ed by mortgagee to be equa~ to 1/12 of the annual c E-thffollow~ E ing: ~ ' A-Alt rtal property faxes levied or asses above described resl estate. ' ~k B-Premiums on fire and windstorm inswance as herein requ~? ' on t improveme~ts sifuate on the sbove desuibed premiKS, t , C-Premiums on wch mortgage guarenty insur rtgagee shall from t~me to fit to carry on the loa~ secured hereby. + Mwtgsgee shall from time ' i y mortgagor in writing of the amount due and payabte hereu shaH thereupon be due and ~ payabk on the due d e next monthly payment and each successive month thereafter ur.tit mortgagee shall eotify mortgagor ~h amount. s shall be applied by mortgagee toward the paymeot of real property tazes, inswance prem:ums, and mortgsge guaranfy inwr i IN WITNESS WHEREOF, the said MpRTGAGOR has hereunto set his hand and seal the day and year fint aforesaid. . Sip~e Seated and d'vere i the presence of: ~ r r : ~Cfis..,.J ~ !G'Hr/~i G of.~i ~,,p ; . ~n ; - n ~ ~ ~ STATE OF FLORIDA - ~ ST. WCIE ~ ~ ~ courrtY oF Befon me pers«Wly appeared Henrv W. Sehade ~ MaY 8l6L L. Sehade ~ W~{e, to me well known and known ro me to bs tF?e indiridw+t`~. '-ar~d who exewted the foregoirg instrwnent, and acfcrwwfedped before me that they txeaitrd the same for tl~e purpotea r~r.t„ ` •,~;i- • . Margaset L. ,SChade w~r. Qr ~ `~d~~~ ~ =~-r ~enry w, Schade ~ ~ upon a ~epar~ta and privat~ exawl~n~~ tsttlh ue~~ apart from her ssid husband, adcnowledged to and before me that she executed said irutrument f~eely and vol~o- u ?+ri1l? ~M; ~~„a~r. ~IsiBn, c~+sn~int, spprehension, or fear of or from Fror said husband. BnrN~ssy ~~+~+~o~~i seai /'~-.t~ a.Y ,f F rua?ry a c. tq 69 . 3 rc,- p U;;~' =r-~" ` . . . . . . ~ rY w he Sfat~ of Florida ai lar : ~ ='•-i•' y ` • p ANO RECQRO Nota PuWic in ~f~ t ~ i~~• s F~~ M Commission e ~'''~~~T~'~~ ST. LUCiE COUN7Y, FLI~. - First Fad~rd Sa'v1r1~1t•, Y' loan Association t~ ~ Y!~ ~ O( ~ ` -SN Fort Pierce. ~ ~ ~ ~~~~•'~t1 ~ ~i1~ : , Fort Pierce, florida V M~~,~E~ 23, 1964 ! '69 FEB 18 AN I I: 6 ; This Instrument Prepared By ~ Firat Federal Savings b loan Association ROGE~ -OITRkS ' of Fort Pieroe CLERK CIRCUlT COURT ~h~~ By Janes D. Chastain BOOii~~~ PACE~~~ ~ ~ - - - ~ ~ ~ . ~ , Y ~ . w._ ~ n`"?:.~..~ _ ' . fi e°~c _ . ....s e.-rc"s-*~~.:.ls~?